Sensex to cross 75,000 mark, Nifty to hit 21,000 in FY23: Sumit Chanda
An aggressive liquidity tightening by the US Fed saw the rupee crossing the 82 per dollar mark. The weakness is expected to continue, with the rising deficit and capital outflows. We saw a 33% growth in imports, while the exports showed a lacklustre 12% growth this year,” he added.